But the price of copper is up on account of lower supplies, principally from Chile.  Production is down worldwide because of COVID-related issues.  China, meanwhile, is still importing copper and copper for their needs.  This is driving up the price - lower supplies, higher prices.  When "normal" levels of copper supplies return to the market, the rise in the POC we've seen will reverse course.

Gold, on the other hand, looks to be in a long-term cycle of increasing demand, which will lend some support to mining in general, but to gold producers and prospectors in particular.  This is an exciting time for gold miners and the indices for producers should be entering a phase where they will be rising exponentially.